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Since its inception, this fund has earned an average rate of return of around 9% per year. Say you were investing $200 per month in this ETF and earning a 9% annual return. Here s approximately how much you d have saved over time:
After 10 years: $36,000
After 20 years: $123,000
After 30 years: $327,000
Vanguard Growth ETF
The Vanguard Growth ETF
(NYSEMKT: VUG) tracks the CRSP U.S. Large-Cap Growth Index, and it contains 276 large-cap stocks with potential for rapid growth. A few of its largest holdings include Apple, Microsoft, Amazon, and Google s parent company Alphabet.
This fund was established in 2004, so it has a relatively long history. It also has a low expense ratio of just 0.04%, which means that you ll pay $4 in annual fees for every $10,000 you invest.
Looking for an ETF to Hold for the Long-Term? April 27, 2021
Value might be the factor of now right now, but growth has proven itself over many years. Investors can hold the
The fund, which is up almost 60% the past year, seeks to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. To pursue its goal, the fund generally invests in stocks that are included in the Dow Jones U.S. Large-Cap Growth Total Stock Market Index.
The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as “growth” based on a number of factors.
Author Bio
Katie Brockman is a personal finance and retirement writer who enjoys geeking out about 401(k)s, budgeting, and Social Security. When she s not providing unsolicited financial and retirement advice to anyone who will listen, she enjoys reading, drawing and painting, and walking dogs at her local animal shelter.
Buying long-term investments is key to building wealth over time, and growth ETFs are a smart option for many investors. They contain stocks that have the potential for faster-than-average growth, which means they generally earn higher-than-average returns.
Not all growth ETFs are created equal, though, and some are stronger than others. These three funds are all solid long-term options, and you re going to want to keep them in your portfolio for decades.
WKBT
April 24, 2021 8:30 AM newsfeedback@fool.com (Katie Brockman)
Posted:
Updated:
April 24, 2021 10:38 AM
Buying long-term investments is key to building wealth over time, and growth ETFs are a smart option for many investors. They contain stocks that have the potential for faster-than-average growth, which means they generally earn higher-than-average returns.
Not all growth ETFs are created equal, though, and some are stronger than others. These three funds are all solid long-term options, and you’re going to want to keep them in your portfolio for decades.
Image source: Getty Images.
Invesco QQQ (NASDAQ: QQQ) tracks the
Nasdaq-100 index, which includes 100 of the largest nonfinancial stocks on the Nasdaq itself. This particular stock market index is focused primarily on tech stocks, which are known for their rapid growth.